Retire in 2022, pay full 22 years of social insurance, how much monthly pension will you receive?
According to the provisions of Articles 56 and 74 of the Law on Social Insurance 2014, an employee’s pension is determined according to the following general formula:
Monthly pension = Enjoyment rate x Average salary/monthly income on which social insurance premiums are based
In which, the average monthly salary on which social insurance premiums are based (for participants of compulsory social insurance) or monthly income on which social insurance premiums are based (for participants in voluntary social insurance) will depend on the salary or income paid monthly. employees and multiplied by the corresponding slippage coefficient.
Points b, c, Clause 2, Article 7 of Decree 115/2015/ND-CP and Points b, c, Clause 2, Article 3 of Decree 134/2015/ND-CP both provide guidance on how to calculate the employee’s pension enjoyment rate. .
Accordingly, for female employees who retire from January 1, 2018 onward, the monthly pension enjoyment rate is calculated at 45%, corresponding to 15 years of payment of social insurance. After that, for every additional year of payment of social insurance, an additional 2% is calculated; up to 75%.
Thus, female employees retire in 2022, ifIf you have completed 22 years of social insurance, you will receive a pension at the rate of 59% of your monthly salary on which social insurance premiums are based.
As for male employees, the monthly pension enjoyment rate is calculated at 45%, corresponding to 20 years of paying social insurance premiums. After that, for each additional year of paying social insurance premiums, an additional 2% will be charged; up to 75%.
Thus, male employees retire in 2022, if If you pay full 22 years of social insurance, you will receive a pension at the rate of 49% of your monthly salary on which social insurance premiums are based.
at Blogtuan.info – Source: Kenh14.Vn – Read the original article here
